Aqua America, Inc. (NYSE:WTR) – Equities researchers at Northcoast Research issued their Q3 2017 EPS estimates for Aqua America in a research report issued to clients and investors on Thursday. Northcoast Research analyst A. Cohen anticipates that the utilities provider will post earnings per share of $0.43 for the quarter. Northcoast Research currently has a “Neutral” rating on the stock. Northcoast Research also issued estimates for Aqua America’s Q4 2017 earnings at $0.31 EPS, Q1 2018 earnings at $0.29 EPS, Q2 2018 earnings at $0.38 EPS, Q3 2018 earnings at $0.44 EPS and Q4 2018 earnings at $0.31 EPS.

Aqua America (NYSE:WTR) last announced its quarterly earnings results on Wednesday, August 2nd. The utilities provider reported $0.34 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.34. Aqua America had a net margin of 28.59% and a return on equity of 12.51%. The business had revenue of $203.40 million for the quarter, compared to analyst estimates of $208.28 million. During the same quarter in the prior year, the business earned $0.33 EPS. Aqua America’s quarterly revenue was down .2% on a year-over-year basis.

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WTR has been the subject of a number of other research reports. BidaskClub downgraded shares of Aqua America from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Zacks Investment Research downgraded shares of Aqua America from a “hold” rating to a “sell” rating in a report on Tuesday, April 18th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. Aqua America presently has a consensus rating of “Hold” and a consensus price target of $32.25.

Aqua America (NYSE WTR) opened at 33.71 on Monday. The company has a 50-day moving average of $33.29 and a 200-day moving average of $32.05. Aqua America has a 52 week low of $28.03 and a 52 week high of $34.41. The firm has a market cap of $5.99 billion, a price-to-earnings ratio of 25.73 and a beta of 0.52.

Several institutional investors have recently added to or reduced their stakes in the stock. CAPROCK Group Inc. raised its position in Aqua America by 0.4% in the second quarter. CAPROCK Group Inc. now owns 7,752 shares of the utilities provider’s stock worth $258,000 after buying an additional 30 shares during the period. IFP Advisors Inc raised its stake in shares of Aqua America by 1.4% in the first quarter. IFP Advisors Inc now owns 3,892 shares of the utilities provider’s stock valued at $125,000 after buying an additional 53 shares during the last quarter. Wetherby Asset Management Inc. raised its stake in shares of Aqua America by 0.9% in the first quarter. Wetherby Asset Management Inc. now owns 7,571 shares of the utilities provider’s stock valued at $244,000 after buying an additional 70 shares during the last quarter. CENTRAL TRUST Co raised its stake in shares of Aqua America by 0.7% in the second quarter. CENTRAL TRUST Co now owns 10,124 shares of the utilities provider’s stock valued at $337,000 after buying an additional 71 shares during the last quarter. Finally, Utah Retirement Systems raised its stake in shares of Aqua America by 0.3% in the first quarter. Utah Retirement Systems now owns 32,321 shares of the utilities provider’s stock valued at $1,039,000 after buying an additional 100 shares during the last quarter. Institutional investors own 50.44% of the company’s stock.

In other news, COO Richard Scott Fox sold 5,750 shares of the firm’s stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $32.89, for a total value of $189,117.50. Following the completion of the transaction, the chief operating officer now directly owns 18,788 shares in the company, valued at $617,937.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard H. Glanton sold 4,200 shares of the firm’s stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $32.83, for a total transaction of $137,886.00. Following the completion of the transaction, the director now owns 2,207 shares of the company’s stock, valued at $72,455.81. The disclosure for this sale can be found here. 0.25% of the stock is currently owned by company insiders.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Wednesday, August 16th will be paid a $0.2047 dividend. This is an increase from Aqua America’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Monday, August 14th. This represents a $0.82 annualized dividend and a dividend yield of 2.43%. Aqua America’s dividend payout ratio (DPR) is presently 58.78%.

Aqua America Company Profile

Aqua America, Inc is a holding company. The Company is engaged in providing water or wastewater services concentrated in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana and Virginia. The Company is the holding company for its primary subsidiary, Aqua Pennsylvania, Inc Its market-based activities are conducted through Aqua Resources, Inc (Aqua Resources) and Aqua Infrastructure, LLC (Aqua Infrastructure).

Earnings History and Estimates for Aqua America (NYSE:WTR)

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